What is the starting price of DAMAC District?

Prices start at 1,100,000 AED. 1 bedroom: 1,100,000 AED, 2 bedrooms: 1,700,000 AED.

DAMAC District

Q: What is the payment plan of DAMAC District?

20% on booking, 40% during construction, 40% on handover.

Damac Hills · Dubai

Developer price from1,100,000 AED

HandoverQ3 2029

Payment plan20% / 40% / 40%

Property typeMixed

Unit types1 bed · 2 bed

About DAMAC District

DAMAC District is an off plan project by Damac in Damac Hills, Dubai, from 1,100,000 AED, with handover announced for Q3 2029. The Dubai Land Department recorded construction at 4.07%, buyer payments go to an escrow account at Mashreq Bank and the developer has registered 1,090 homes.

Prices and payment plan

Payment plan, 1 bedroom20 / 40 / 40

Today20%220,000 AEDOn booking

Until Q3 202940%440,000 AEDDuring construction

Q3 202940%440,000 AEDOn handover

Total with fees1,144,020 AEDPrice 1,100,000 + land department fee 44,000 + 20 AEDSee the detail

Price1,100,000 AED

Dubai Land Department fee, 4%44,000 AED

Knowledge and innovation fees20 AED

Developer registration feeOn the developer invoice

Total estimate1,144,020 AED

Dubai Land Department fees for an off plan purchase, usually paid in full by the buyer. Full calculator, with mortgage

Homes in the project

Studio	131	12%
1 bedroom	817	75%
2 bedrooms	142	13%
Total	1,090	100%

Source: Dubai Land Department, units registered by the developer, file of 23 October 2026.

Price per sqft1,822 AED

Handover (developer)Q3 2029

RERA project number4064

Escrow accountMashreq Bank

Construction progress4.07% built

Completion date (registered)30 March 2029

The two dates can differ. Sale contracts usually allow 6 to 12 months beyond the announced handover date.

Nearest metro stationJumeirah Golf Estates, 8.6 km

Service charges: estimate at 15 AED per sqft a year, no official figure yet for Damac Hills.

Source: Damac, official project page · damacproperties.com

Data dates

Developer prices 29 September 2026

Dubai Land Department register 18 October 2026

Sales registered up to 2 November 2026

Property Radar score

out of 100

15 criteria measured

Highlights

Payments into an escrow accountDeveloper record: projects on timeNew-build price vs the same developer's secondary market

Good to know

Homes of this type in the projectNearest metro stationDeveloper record: cancelled projects

See all 15 criteria

Payments into an escrow account10/10

escrow at Mashreq Bank, status active

Developer record: projects on time9/10

60 of 62 ongoing projects still within their official end date

New-build price vs the same developer's secondary market8/10

+12.2% on 1 bedroom

Price per square foot vs the area8/10

1,822 against 1,776 AED per sqft in Damac Hills

Developer record: projects delivered8/10

94 delivered, 66 ongoing, 32 cancelled

Handover date8/10

handover Q3 2029

Share of the price paid before handover6/10

60% of the price paid before handover

Net rental yield4/10

4.6% net of service charges

Size vs the area5/10

about 685 sqft against 685 sqft for the same type in Al Hebiah Third, Dubai Land Department

New-build price vs the secondary market5/10

+32.6% vs the area's secondary market

Construction progress4/10

4% built, 22% of the official construction time used

Ease of resale in the area3/10

188 completed units resold in Damac Hills over the last 12 months

Developer record: cancelled projects0/10

32 cancelled of 192

Nearest metro station0/10

Jumeirah Golf Estates, 8.6 km

Homes of this type in the project0/10

817 homes of this type registered in the project, out of 1,090

Market data, 1 bedroom

In short: priced 3% above the area, gross yield 5.6% a year.

Price per sqft, AED

DAMAC District1,822Off plan in the area1,818All sales in the area1,776Completed resale in the area1,371

Gross yield5.6%rent 70,000 AED a year, registered rents in 12 delivered Damac buildings in the area

Net yield4.6%After service charges

Same unit type, Dubai Land Department registered sales and rent contracts, Damac Hills.

After you buy

Today

Book with 20%

Through a licensed expert, at the developer price.

Q3 2029, handover

Pay the last 40%

In cash or with a mortgage, up to 80% for residents.

After the keys

Rent it out

Long term or holiday home, managed for you.

Services from our selected partners. It never changes the score.

Prices in Dubai

Median price per sqft of completed apartments resold across Dubai. Damac Hills has too few resales for a reliable series of its own.

Since 2023+30%

2026 against 2025+4%

AED per sqft. Dubai Land Department sales, data.dubai. 2026 up to 23 September.

DAMAC District in short

Starting price

1 bedroom 1,100,000 AED
2 bedrooms 1,700,000 AED

Source: Damac or a property portal, September 2026. Confirm with the developer.

Payment plan

20% On booking40% During construction40% On handover

Handover

Handover is announced for Q3 2029.

On time?

60 of 62 ongoing Damac projects are still within their official end date, in the Dubai Land Department project registry.

How to buy

A broker licensed by the Dubai Land Department, from our partner agency, confirms the price list and the units still available, and handles the booking with you. The contact is free.

Location and similar projects

No other off plan project is tracked in this area for now.

All projects →

Consultation fee for you0 AED

Talk to our licensed experts

1Answer a few short questions
2WhatsApp or call, you choose
3Developer price and units available

Unit typeWhatsApp

After you buy, also help me with A mortgage at handover Renting it out for me Furnishing and decorating

Licensed expert: a broker holding a card from the Real Estate Regulatory Agency (RERA), the property regulator of the Dubai Land Department.

Talk to an agent